New report on Non-Volatile Memory market is segmented on the basis of type, product, application and geography. The product segment includes printed memory and hard disk drives. The printed memory segment comprises of smart cards and smart ID cards. Hard disk drive is the leading segment in the non-volatile memory market. Computing is an industry where memory technologies, namely DRAM and NAND flashare widely used. The applications of DRAM and NAND include personal computers, mobile phones, video games, industrial robotics, PDAs, digital cameras, medical electronics, digital audio players, synthesizers and scientific instrumentation. While DRAM possesses lower capacity than NAND flash, it has a volatile memory and high speed in terms of performance. NAND on the other hand, has high capacity andis more cost-effective, but is slower than DRAM MRAM, FRAM, PCM, STT-RAM, nvDIMM and ReRAM.

Non-volatile is a term used to describe any memory or storage that is saved regardless of whether the computer’s power is on or off. It is commonly used for secondary storage or long-term consistent storage. These memory devices do not require continuous power supply for storing information. Emerging technology and hard disk drive are trends which are gaining traction in the market. Growing storage needs are raising the demand for non-volatile memory. The high cost and slow performance of volatile memory are restraining the growth of this market. The increasing customer base, high rate ofsurvival and efficient power consumption, potential to replace traditional memory technologies, and faster switching time of non-volatile memory act as the key drivers for the non-volatile memory market.